Tag: finance

1). These candles are produced mainly when the market is confident in its future movement. As example, observe the formation time of candles, you'll see that most of them in the first 5 – 15 minutes, forming a shadow in one direction, then the price goes in the opposite direction, forming a candle body. 2) The second type of price in the process of forming a candle several times may cross the point of its opening (Fig. 2) and, as a result choose for your main movement direction of the 'first' shadow. These candles are formed, as a rule, amid uncertainty about the market, which way it go further.

3) The third type may include candles, which do not have the 'first' shadow (Fig. 3). These candles arise when strong market move aimed at one side of the emotions (eg, against Released Strong economic data and political news). As a condition for opening positions for our strategy, we take the algorithm for forming plugs of type 1. That is, we open a position in the reverse direction penetration point of the opening of a candle after the first price goes to one side and form a 'first' shadow (Fig.

1). However, setting such a condition, we must understand that the candles formed a 2-second type, in this case will give us false alarms. Therefore, the next step in the creation of our strategy, we must conduct research and gather statistics that would show us the frequency of spark 1 and type-2 (Spark third type of drop out our further attention, since it does not form a 'first' shadow, they do not fulfill the necessary condition for us to open a position.).

I am sure that the topic of money is always attractive: at all times, in all countries, irrespective of sex and religion. Particularly relevant topic of money management. That's it for this reason that in my life, it became necessary to begin a blog devoted to the topic of money. On the pages of my blog, I will devote my readers into the secrets of money management, to share my experiences and observations, give advice and answer questions about my dear readers. So, let's begin. Theme of money was always present in my life. My mother was an accountant in a large company, and in the evenings she moonlighted at other large companies, also an accountant.

And, as usual in the accounting environment, often grab your work home. What would somehow entertain me, my mother asked to lay down some numbers on the calculator, making the slope of the importance of the job. Generally, the write I still do not know how, but it felt great. By the end of the school questions about their future training and have not arisen, be an accountant or an economist seemed natural. I went to train university and started studying.

Taught us much good, but not what might be apply in real life. Real currency for the first time I saw when I opened my first bank account, as you might imagine, the score was in dollars. Studying foreign currency transactions, a long time I could not understand the relationship of the yen against the ruble.